The Sheikh Zayed Festival returns to Abu Dhabi, offering a diverse mix of cultural events, international showcases, and immersive experiences. Expect world-record fireworks and a unique look at heritage and innovation.

Abu Dhabi's Mubadala Capital raises $3.1 billion for its private equity fund, targeting middle-market companies while expanding its global investment footprint. Recent acquisitions include Fortress Investment Group and Bugaboo.

CBI reports record profits for 2024, driven by strong loan growth, operational efficiency, and financial resilience.

Abu Dhabi and Dubai ranked first globally for ease of entry, driven by open immigration policies that attract top talent. GCC cities thrive in services and innovation, leading economic diversification efforts.

GCC IPOs raised $1.7 billion in Q3 2024, led by NMDC Energy in Abu Dhabi and several key offerings in Saudi Arabia. Q4 promises more activity with Lulu Hypermarket and Talabat set to list.

LuLu Group is launching a three-tranche IPO, offering 25% of its stake on the Abu Dhabi Securities Exchange starting 28 October 2024. The retail giant aims to raise between $1.7 and $1.8 billion, with plans to allocate shares to employees and pay a 75% dividend on annual profits.

The UAE and Ireland have signed two agreements to strengthen cooperation in fighting organised crime and facilitating extradition. The treaties streamline legal processes and enhance mutual legal assistance, reinforcing their partnership in combating transnational crime.

First Abu Dhabi Bank (FAB) reported a Q3 profit of AED 4.46 billion, exceeding estimates due to higher revenue growth, despite a rise in impairment charges. Total assets grew to AED 1.2 trillion, reinforcing FAB’s position as the largest lender in the UAE.